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Question 7 10 points Save Answer During 2022, its first year of operations, Jane's Bakery had revenues of $130,000 and expenses of $66,000. The business

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Question 7 10 points Save Answer During 2022, its first year of operations, Jane's Bakery had revenues of $130,000 and expenses of $66,000. The business paid cash dividends of $36,000. What is the balance in Retained Earnings at December 31, 2022? The balance is $ (enter number without a comma or dollar sign), and it is a (enter debit or credit)

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